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Cost of living: Minneapolis, MN vs Cleveland, OH (2024)

Quick answer

Overall prices in the Minneapolis, MN metro were 104.8 vs 93.9 in Cleveland, OH in 2024 (US = 100), so Minneapolis is 11.6% more expensive than Cleveland; housing rents differ by 41% (111.8 vs 79.4). A $75,000 income in Minneapolis buys about what $67,202 buys in Cleveland, per BEA.

✓ U.S. Bureau of Economic Analysis, Regional Price Parities 2024

Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024

Price index (US = 100)MinneapolisClevelandMinneapolis vs Cleveland
All items104.893.9+11.6%
Goods103.193.6+10.1%
Housing (rents)111.879.4+40.8%
Utilities93.596.0-2.6%
Other services104.498.9+5.5%
All items, 2008102.992.6+11.2%
$50,000 in Minneapolis equals in Cleveland$44,801
$100,000 in Minneapolis equals in Cleveland$89,602
$150,000 in Minneapolis equals in Cleveland$134,404

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Last updated 2026-10-16. Data only, not financial or tax advice.

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